| No and we have never asked. None contribute to the college fund except for a check for birthdays and holidays. I’m taking $50-500 per year depending on the grandparent. |
| No and they all disagree with our decision to use Catholic school (despite all 4 of them being Catholic) because "public school is free and good enough." $200 per year per kid check from my parents, nothing but toys from my ILs. |
| No, and if they offered, we would not accept. |
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Nope, neither set of parents have ever offered to pay a dime, which is fine by me (we can afford it).
I’m actually surprised so many people on here have parents paying. Neither my folks nor DH’s folks - all UMC - have never given any indication whatsoever that they’d want to help us financially. I don’t even know if it’s crossed their minds! |
Are they by chance looking to adopt another child? This all sounds amazing!! |
Both sets of grandparents gave my parents, who both had good jobs money for themselves and us yearly for many years. My parents don't give us a dime and the rare occasion we see them we pay for dinner (or there is drama despite them having plenty of money). For some families, parents like to help their kids. I hope to help mine like my grandparents did us (mainly college and first car). |
You don't need to ask as they do plenty and give freely. |
The question was do your in laws and/or parents pay for private school, which I take to mean K-12. So, I could’ve misunderstood that part, but if the OP meant K-12 then the answer is no. Another question was, ‘do you ask them to?’ and the answer to that is also no. The thought of asking others to pay my child’s tuition is, to me, unseemly. From pre-K all the way through to college and beyond. If it’s freely offered, great, but don’t ask. |
| My ILs have not, despite having a NW of over 15M. We don’t need it, but it’d certainly be nice. |
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Ha. No.
My MIL’s parents paid for private school for my husband had his sibling he 2 years of college. My MIL tells my husband our children are our responsibility, which is totally true, but he is not amused by his mother. |
| Nope. My parents paid for all of their kids college and graduate school. They gave us each $500k towards a house. They give about $5-10k per year per grandkid for college, but say they can’t cover private school for all their grandkids. None of us have actually asked but they made that clear when kids were little, and it probably would be too much money for them with a net worth of $10M. The families who pay for all their grandkids private education k-12 must be extremely wealthy. |
With $500K for a house, you could have paid cash fully for a house and had money left over for college. |
| Most grandparents who pay tuition do so because they have a high net worth and it’s a tax freebie as far as inheritance taxes go (doesn’t count against the lifetime max giving). |
I mean yes, obviously. But yours are also extremely wealthy (and extremely generous), no? It’s all about perspective. My in laws gave us $10,000 toward a house and we were so appreciative and just blown away by their generosity. I cannot even imagine them giving us 50x that amount. |
| My parents pay. I mentioned it as they were talking about estate planning and estate taxes and they were enthusiastic about it. They pay for both kids, about $85,000 a year. We’d find a way if they didn’t pay, but it wouldn’t be easy. I shamelessly tell them the amount annually and I’m prepared to pay myself if they stop. I think it’s incredibly helpful and I’m happy to take it - my kids love their school. |